GOP’s Luna Refers Powell Perjury Claim to Justice Department

Republican Representative Anna Paulina Luna has asked the Department of Justice to consider investigating and prosecuting Federal Reserve Chair Jerome Powell for allegedly lying under oath in testimony before a congressional committee.

In a July 19 letter to Attorney General Pam Bondi, the Florida Republican accused Powell of twice lying about details of the Fed’s ongoing restoration of its Washington headquarters in comments before the Senate Banking Committee on June 25. The project’s estimated $2.5 billion price tag has attracted controversy and claims of mismanagement from Republicans.